Elon Musk, $50 billion, and Financialization – from production to extraction
Much is being made of a Delaware court blocking Musk’s $50 billion compensation contract. See the reporting in the NYTimes: Elon Musk’s Tesla Pay Package […]
stock buyback
Financialization and going off the rails with Norfolk Southern
Financialization is an awful word. It sounds clumsy in the mouth and refers to a process that has been underway for over 40 years but […]
The Implosion of Southwest Airlines and Financialization
Southwest Airlines canceled thousands of flights representing more than 80%of all cancellations during the Christmas 2022 snowstorm. The scale of this service implosion led to […]